XRP's MVRV Turns Negative at $1.44 as Breakout Looms
Institutional activity on XRP Ledger hit a 13-month high in DEX transactions at the start of 2026, with Ripple's stablecoin RLUSD crossing ₱58.08 billion ($1 billion) in issuance and completing full integration on Binance in the past week.
Santiment's latest data shows XRP trading at $1.44 with its 30-day MVRV ratio at -4.1%, a signal that current holders are underwater on recent purchases. Bitcoin and Ethereum posted similar negative readings at -6.9% and -14.3% respectively.
The token gained 2.43% in 24 hours while holding support at $1.39. Analysts point to compression patterns resembling those seen before the 2024 rally, with volatility near prior cycle lows suggesting a breakout could be forming. Near-term resistance sits at $1.44, with potential upside targets ranging from $1.50 to $1.62 if bulls push through.
XRP Ledger CEO Asheesh Birla said XRP's growth in real-world asset tokenization shows that institutional blockchain adoption is accelerating on XRPL. He pointed to guardrails mirroring existing market infrastructure as a draw for institutions seeking regulated pathways into tokenization.
Ripple's stablecoin RLUSD crossed ₱58.08 billion ($1 billion) in issuance within months last year and completed full integration on Binance in the past week. The regulatory settlement with the SEC in August 2025, which cost Ripple ₱7.26 billion ($125 million), cleared the path for asset managers including Grayscale, Bitwise, and WisdomTree to file XRP ETF applications. ProShares launched the first US XRP-focused product, a 2x leveraged futures-based ETF, as institutions moved faster into the space. The Judge Analisa Torres ruling from July 2023 determined that XRP is not a security for programmatic sales on public exchanges, establishing the legal foundation for the current wave of institutional products, with the settlement mandating ongoing compliance oversight until 2029.
This article was written based on reporting from U.Today.
